Next-Gen GST Reform

Historic Diwali gift for the nation for ease of living and to build Atmanirbhar Bharat

From farmers to enterprises, from households to businesses, the next-gen GST brings happiness for all

1. Save big on daily essentials 

                 Items                                   From                  to

     Hair oil, shampoo, toothpaste,

     toilet soap bar, tooth brushes,

     shaving cream                                    18%                 5%

     Butter, ghee, cheese and dairy

     spreads                                                12%                5%

     Pre-packaged namkeens, bhujia

     and mixtures                                       12%                5%

     Utensils                                               12%                5%

     Feeding bottles, napkins for

     babies and clinical diapers                  12%                5%

    Sewing machines and parts                  12%                5%

2. Relief in healthcare sector

    Individual Health and Life 

    insurance                                               18%                Nil

    Thermometer                                         18%                 5%

    Medical grade Oxygen                          12%                 5%

   All diagnostic kits and

   reagents                                                   12%                 5%

   Glucometer and test strips                       12%                 5%

   Corrective spectacles                               12%                 5%

3. Affordable education

   Maps, charts and globes                           12%                 Nil

   Pencils, sharpeners, crayons

   and pastels                                                12%                 Nil

   Exercise books and note books                12%                 Nil

   Eraser                                                         5%                 Nil

4. Uplifting farmers and agriculture

    Tractor tyres and parts                              18%                  5%

    Tractors                                                     12%                  5%

    Specified bio-pesticides, micro

    nutrients                                                    12%                  5%

    Drip irrigation system and

    sprinklers                                                  12%                  5%

    Agricultural, horticultural or

    forestry, Machines for soil prep-

    aration, cultivation, harvesting

    and threshing                                             12%                 5%

5. Automobiles made affordable

    Petrol and petrol hybrid, LPG, 

    CNG cars (not exceeding 1200 cc

    and 4000 mm)                                            28%                 18%

    Diesel and diesel hybrid cars

    (not exceeding1500 cc and

    400 mm)                                                     28%                 18%

    3 wheeled vehicles                                     28%                 18%

    Motor cycles (350 cc and below)              28%                  18%

    Motor vehicles for transport of

    goods                                                         28%                   18%

6. Save on electronic appliances

    Air conditioners                                        28%                    18%

    Television (above 32")                              

    (including LED and LCD TVs)                28%                    18%

    Monitors and projectors                            28%                    18%

    Dish washing machines                             28%                    18%

Process Reforms

7. Registration

    Automatic registration within 3 working days for applicants

    Identified by the system based on data analysis

    Who determines that he would not pass Input Tax Credit 

    exceedingRs.2.5 lakhs per month and opts for the scheme

8. Refund

    Sanction of provisional refunds by proper officer, through system

    based risk evaluation for :-

    * Zero Rated Supplies

    * Supplies with Inverted Duty Structure 

My take

Well, PM Modi has delivered on his promises that he'd made to us this Independence Day, from the ramparts of the Red Fort!

Tailpiece.

Got up at 5, sent all my morning messages, switched on the morning hymns on the home theatre, lit up the lamp in the puja room and opened up the house for the day.

Made the morning tea and gave it to Lekha. Fed the cats.

Sukesan gets us our breakfast. He got our lunch, too, by noon.

Siesta followed by the evening chores.